Minerva has agreed to a takeover by Jamie Ritblat’s Delancy and US company Area Property Partners, reports The Times today. The buyers are paying 120.5p per share in a deal that values Minerva at £202.6m. The paper notes that Delancy and Area ... Read more
Minerva, which specialises in office and residential developments in the City and West End of London, today announced a 2.8% increase in the valuation of its investment properties, and a 3.7% rise in the value of its trading portfolio, during the ... Read more
More major property deals are on the cards: Minerva told the Stock Exchange on Friday that it is in very early discussions that may lead to a take-over, while CBRE has reportedly become the favourite to acquire most or all of ING's real estate ... Read more
Oliver Whitehead, chairman of property investment and development group Minerva, says that there is “real and growing evidence to show that we have now passed the cyclical low in the commercial property market.” Whitehead was speaking as Minerva ... Read more
